Rapper and record producer Sean ‘Diddy’ Combs It is in everyone’s sights: the media and police authorities. This is because in recent months has been accused of different crimesincluding sexual abuse and human trafficking.
Among the recent information that has been released about ‘Diddy’ there is the mortgages he has on his mansions in Miami and Los Angeles. The same mansions that were raided a week ago.
According to ‘Daily Mail’, Diddy requested eight loans from the bank to cover the expenses of his mansions in the two cities. Supposedly He currently owes $100 million on a mortgage..
Specifically the mansion in Holmby Hills, California, was purchased by the rapper in 2014 and paid $39 million dollars. That same year he asked Bank of America for a loan of $25.35 million dollars and then requested another for the same amount in 2021.
Records show that the first mortgage will have to be paid off in 2029 and the second in 2036. Of course, there is no telling how Diddy’s case will end before that date arrives.
On the other hand, the mansion in Miami, Florida, was purchased in 2003 for $14.5 million dollars. It should be noted that this residence was one of those raided and shortly after The record producer was seen enjoying outdoors very calmly.
To obtain the property, he requested five mortgageswhich total $68.45 million dollars.
It’s known that The Miami mansion was bought from Tommy Mattolathe businessman and co-owner of the record company Casablanca Records.
The Miami mansion is undoubtedly one of his biggest projects, even It is known that in 2021 he bought the neighboring house to expand the residential complex. That property cost $35 million dollars and was purchased from Gloria and Emilio Estefan. At that time she requested a mortgage from the same bank for $20.7 million dollars.
In total, all the mortgages he has requested in recent years add up to $139.85 million dollars and he still has to pay around $97.5 million dollars.
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